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Bess [88]
3 years ago
9

What is Social responsibilities in business

Business
1 answer:
Artemon [7]3 years ago
8 0

Answer:

Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.

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A monopolistic seller of sports cars has traced out the following demand curve: 10 customers have willingness to pay (WTP) of $1
Romashka [77]

Answer:

The answer is: 1) II > I > III

Explanation:

<u>Pricing scheme I: $2 million profit</u>

  • Price $150,000
  • Contribution margin = $150,000 - $50,000 = $100,000
  • 35 units sold x $100,000 = $3.5 million
  • profit = $3.5 million - $1.5M = $2 million

<u>Pricing scheme II: 2.25 million profit</u>

  • Price $200,000
  • Contribution margin = $200,000 - $50,000 = $150,000
  • 25 units sold x $150,000 = $3.75 million
  • profit = $3.75 million - $1.5M = $2.25 million

<u>Pricing scheme III: $1.5 million profit</u>

  • Price $250,000
  • Contribution margin = $250,000 - $50,000 = $200,000
  • 15 units sold x $200,000 = $3 million
  • profit = $3 million - $1.5M = $1.5 million

8 0
3 years ago
Gracie showed up at a new hair salon with her special color treatment coupon. A hairdresser named Bunny applied the color to Gra
Eduardwww [97]
False imprisonment seems like the most likely answer in this scenario if she had to sue for one of the three. She definitely can't sue for assault or battery because no threats were made nor was physical harm dealt.
4 0
3 years ago
Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,
ollegr [7]

Answer:

The correct answers are letters "A", "B", and "C": straight-line depreciation, manager's salary, store rent.

Explanation:

Fixed Costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expenses the other being variable cost. Variable costs do change as the volume of production changes. Examples of fixed costs are high-executive salaries, rent, depreciation, and insurance. Examples of variables costs are commissions, raw materials, and transportation fees.

7 0
3 years ago
A graph titled Change in U S Unemployment and Inflation from 1971 to 2001 has the year on the x-axis and percentage change on th
disa [49]

Answer:

falling unemployment and rising inflation.

Explanation:

Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.

5 0
3 years ago
Read 2 more answers
In economics, another term for satisfaction is marginal productivity. income elasticity. utility. price elasticity.
Feliz [49]

Answer:

Utility

Explanation:

Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

3 0
3 years ago
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